CZ Pleads Guilty to AML Charge, Agrees to $4.3B Settlement with Regulators
- Changpeng Zhao pleaded guilty to one felony charge related to Binance's anti-money laundering compliance
- Judge stayed decision to allow CZ to return to UAE pending government review
- CZ posted $175M bond, can travel in US until sentencing in early 2024
- CZ faces up to 18 months in prison under sentencing guidelines
- CZ stepped down as Binance CEO as part of $4.3B settlement with US regulators